NIFTY Cup and Handle on Hourly

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NIFTY 50 index is forming a cup and handle top formation on the hourly chart with 17780 as its base. A breakdown below this level can take the price down to 17300 zone.
Keep watch.
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No short entry as price reversed in the bullish direction.
Chart PatternscupandhandlepatternNIFTYnifty50niftyanalysisTrend Analysis

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